Day: July 18, 2023

Accounting Multiple Choice Question – 18 July 2023

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

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Contribution by product is an important aspect of costing.

How is it calculated?

Select ONE answer:

  1. income from sales plus fixed costs
  2. income from sales plus variable costs
  3. income from sales minus fixed costs
  4. income from sales minus variable costs

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 4

  1. Not correct
  2. Not correct
  3. Not correct
  4. Correct

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